Accounting, order processing, inventory management, human resources, and other business processes are managed through enterprise resource planning software per business management.
The software vendor manages the server infrastructure, databases, and data storage, while customers access the software online. ERP instances are sometimes run separately for each customer by vendors; a practice known as hosting. SaaS ERP software operates as multi-tenants, where the vendor runs one application and separates the customer’s data at the database level, which creates greater efficiency and cost savings. Although recommendation from a NetSuite implementation partner on how optimized your business can operate after a NetSuite health check would be great if you have already gone through a NetSuite ERP implementation.
Fast-growing organizations constantly scaling with new product/service segments and who want to cater to international clients would require NetSuite, which offers multi-subsidiary consolidation, multi-currency, and compliance with international tax regulations and multi-language capabilities, which Acumatica struggles with.